Ranking Member Scott Statement on August Jobs Report

Ranking Member Scott Statement on August Jobs Report

WASHINGTON - Ranking Member Robert C. "Bobby" Scott (VA-03), House Committee on Education and Workforce, released the following statement after the Bureau of Labor Statistics announced that the economy gained 162,000 jobs in August, and the unemployment rate remained unchanged at 4.1 percent. At this point in his term, the economy under President Biden had created 10.5 million jobs, compared to just 807,000 under President Trump's second term. Today's job gains are still roughly half of President Biden's average monthly job gains.

"President Trump promised to lower prices for American families on day one. Instead, working families have been forced to do more with less, all while big corporations get tax handouts, sweetheart deals, and sole source contracts. Not only has President Trump failed to lower everyday costs, but, according to the Joint Economic Committee (Democrats), his reckless tariffs have cost American families an average of over $1,700 a year.

"The numbers are clear: President Trump's economy is not working for workers. Inflation has outpaced wage growth in recent months. And American workers are taking home a smaller piece of the economic pie than they have in the past 70 years. This is all while President Trump himself cashes in. According to AFL-CIO, it would take the median American worker 43,000 years to earn what President Trump himself reaped in 2025. President Trump's failed policies and broken promises have resulted in a country where the wealthy prosper, while working families struggle to make ends meet.

"Democrats will not sit on the sidelines while Americans fight tooth-and-nail to survive. Together, we are fighting to build an America that rewards hard work, grows opportunity, and gives every worker a fair shot at the American dream."

To see a chart comparing the cumulative seasonally adjusted job change by month between President Trump's first and second terms, and President Biden's presidency,click here.

To see a chart comparing the total job change between President Trump's first 19 months in office and President Biden's first 19 months in office, click here.

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